Nigeria Deposit Insurance Corporation
| Use attributes for filter ! | |
| Ceo | Alhaji Umaru Ibrahim |
|---|---|
| Umaru Ibrahim | |
| Founded | June 15 |
| 1988 | |
| Headquarters | Abuja |
| Nigeria | |
| Purpose | To protect depositors' funds and ensure the safety and soundness of the Nigerian banking system |
| Subsidiary | Nigeria Deposit Insurance Corporation, Asset Management Arm |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2168442 |
About Nigeria Deposit Insurance Corporation
The Nigeria Deposit Insurance Corporation was established on 15 June 1988 to strengthen the safety net for the newly liberalized banking sector, following the recommendation of former Central Bank of Nigeria governor Ola Vincent. The NDIC provides a safety net for depositors in the newly liberalized banking sector.
